About Vestmark

Headquartered outside of Boston, MA, Vestmark is a leading provider of portfolio management and trading solutions for the wealth management industry.  Supporting over $1.5 trillion in assets and 5 million accounts, Vestmark is a trusted partner to some of the largest and most respected wealth management firms, offering an innovative SaaS platform and comprehensive suite of outsourced services. Founded in 2001 with the mission of improving investment outcomes for all investors, Vestmark is a privately-owned company on the forefront of innovation and disruption of the FinTech industry.

About Vestmark Advisory Solutions (VAS)

Vestmark Advisory Solutions (VAS) is a wholly owned subsidiary of Vestmark Inc. that combines deep investment expertise with the power of Vestmark’s industry leading technology to offer best-in-class investment management solutions. VAS is a registered investment advisor with $1.6 billion AUM.  The investment team at VAS is responsible for managing Vestmark’s new and growing suite of personalized investment products and services including direct indexing, ESG preferences and personalization, tax transition, and customized tax management across multiple asset classes. VAS is also responsible for Vestmark’s Model Trading Services and industry leading Manager Marketplace.

THE ROLE

Vestmark has been supporting clients’ direct indexing solutions for more than a decade.  As we embark on our next stage of growth and evolution, Vestmark Advisory Solutions seeks a Senior Portfolio Manager to help lead and expand our initiatives in direct indexing.  This person will be a senior member of the investment team and play a critical role in the development and launch of direct indexing solutions, overseeing the management of personalized portfolios, as well as leading and mentoring other members of the investment team over time.  In addition, the senior portfolio manager will act as a thought leader in direct indexing, working with stakeholders to drive the growth of personalization solutions as well as new products and asset classes.  This position can be based out of Wakefield, MA, Jersey City, NJ, or Remote

Key Responsibilities: 

• Be a key contributor in the development and implementation of direct indexing solutions
• Oversee ongoing portfolio management of direct index portfolios including portfolio construction, rebalance, tax transition and tax optimization
• Provide and present performance analysis, portfolio reporting and monitoring of direct index strategies
• Work closely with product, sales, client operations to ensure client success and delivery of client investment objectives
• Collaborate with internal stakeholders to improve investment processes, and enhance investment management tools and systems
• Provide subject matter expertise to mentor and educate team members and internal stakeholders
• Support sales, marketing, and corporate strategy to provide thought leadership and drive growth and adoption of personalized solutions

Qualifications:

• Bachelor’s degree in a relevant field required, Graduate degree and CFA designation strongly preferred
• 10+ years of investment management experience with majority in hands-on portfolio management
• Experience managing direct index portfolios in a fast-paced and highly scalable environment
• Experience in tax loss harvesting and maximizing tax efficiency
• Expertise in direct indexing, ESG and sustainability investing, tax alpha generation, and related data, tools and processes to implement as such
• Sound understanding and extensive experience using equity risk models and portfolio optimizers
• Experience working with technology and operations in building and implementing investment processes and systems
• Effective leader and mentor with strong organizational skills, results oriented
• Excellent communication and collaboration skills, team-player
• Strong quantitative and analytical skills